Eccleston Law Blog

FINRA Arbitration Panel Orders J.P. Morgan to Amend Form U-5, Flags Potential Pattern of Conduct

January 30th, 2026 at 1:26 PM
A Financial Industry Regulatory Authority (FINRA) arbitration panel recently issued an unusually detailed decision in a dispute between J.P. Morgan Securities and former advisor Joshua David Sappi Biering, shedding rare light on how a firm may deploy - and sometimes abuse - the Form U-5 during advisor departures.
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OFAC Targets Individual Trustee, Sending a Clear Warning to Fiduciaries and Family Offices

January 29th, 2026 at 1:09 PM
In a rare move, the Office of Foreign Assets Control (OFAC) penalized a former U.S. government official, underscoring that professional gatekeepers can face personal liability for sanctions violations tied to trust administration.
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FINRA Advances Overhaul of Outside Business Activity Rules to the SEC

January 28th, 2026 at 2:22 PM
FINRA formally has advanced its proposed overhaul of outside business activity (OBA) regulations to the Securities and Exchange Commission.
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FINRA Sanctions, Criminal Cases, and Industry Bars in 2025

January 27th, 2026 at 3:31 PM
AdvisorHub has compiled a year-end review of enforcement actions and criminal proceedings.
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FINRA Enforcement Actions for Reg BI Violations Surge Past 2024 Levels

January 26th, 2026 at 3:28 PM
The Financial Industry Regulatory Authority (FINRA) already has brought more Regulation Best Interest cases in 2025 than it did during all of 2024, according to statements from the regulator’s top enforcement official and a review of FINRA’s disciplinary records by AdvisorHub.
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JPMorgan Explores Crypto Trading for Institutional Clients as Wall Street Deepens Digital Asset Push

January 23rd, 2026 at 1:30 PM
JPMorgan is weighing another significant expansion into cryptocurrency, as the firm considers allowing institutional clients to trade digital assets, according to Bloomberg Law.
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EC Zeroes In on Persistent Marketing Rule Failures With New Staff FAQs

January 22nd, 2026 at 3:51 PM
The Securities and Exchange Commission (SEC) has sharpened its scrutiny of investment adviser marketing practices, signaling continued frustration with recurring compliance failures despite years of guidance and enforcement. As reported by Financial Advisor News, new staff FAQs published in January follow a December risk alert that detailed persistent deficiencies involving testimonials, endorsements, and third-party rankings.
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New Investor Losses as Yieldstreet Rebrands to Willow Wealth

January 21st, 2026 at 1:22 PM
Yieldstreet, now operating under the name Willow Wealth, continues to report significant losses to investor clients despite a high-profile rebrand.
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SEC Charges Three Advisors in Alleged Sale of Unregistered Oil and Gas Securities

January 20th, 2026 at 3:33 PM
The Securities and Exchange Commission (SEC) has charged three advisors and agents with selling millions of dollars in unregistered oil and gas securities to retail investors while failing to disclose conflicts of interest.
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FINRA Study Warns of Declining Investor Participation and Rising Fraud Risks Among Younger Investors

January 19th, 2026 at 1:33 PM
A new study from FINRA’s Investor Education Foundation highlights troubling shifts in retail investing, including shrinking participation, heavier reliance on social media for advice, and growing vulnerability to fraud.
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LATEST NEWS AND ARTICLES

January 30, 2026
FINRA Arbitration Panel Orders J.P. Morgan to Amend Form U-5, Flags Potential Pattern of Conduct

A Financial Industry Regulatory Authority (FINRA) arbitration panel recently issued an unusually detailed decision in a dispute between J.P. Morgan Securities and former advisor Joshua David Sappi Biering, shedding rare light on how a firm may deploy - and sometimes abuse - the Form U-5 during advisor departures.

January 29, 2026
OFAC Targets Individual Trustee, Sending a Clear Warning to Fiduciaries and Family Offices

In a rare move, the Office of Foreign Assets Control (OFAC) penalized a former U.S. government official, underscoring that professional gatekeepers can face personal liability for sanctions violations tied to trust administration.

January 28, 2026
FINRA Advances Overhaul of Outside Business Activity Rules to the SEC

FINRA formally has advanced its proposed overhaul of outside business activity (OBA) regulations to the Securities and Exchange Commission.